Jobs
Up to 150 jobs under threat at Three Ireland
Up to 150 jobs may be cut at mobile phone company Three Ireland.
The company said it had made the difficult decision to enter a proposed collective redundancy process for the business.
“We expect approximately 130-150 roles may be impacted, although the actual number will be determined in due course,” a spokesperson said.
Prior to this move, Three Ireland said it had implemented a number of measures in a bid to reduce operating costs.
“However, the business continues to experience commercial performance challenges, with lower earnings and margin growth year on year, as operating costs continue to increase,” the spokesperson said.
“The measures announced today position the business on a stronger platform for the future, ensuring it can maintain its market leading position and will enable growth,” the company said.
Staff were informed of the news today, with the collective consultation process beginning right away.
It is expected to take up to six weeks, after which point staff in impacted roles will be informed.
The company is Ireland’s largest mobile provider with 45.5% market share and over 4.3 million customers.
It has over 1,300 staff spread across the country, including in its Dublin head office and its customer experience centre in Limerick where 450 workers are based.
Three Ireland is owned by Hong Kong based CK Hutchinson Holdings.
– additional reporting Will Goodbody